Home » RBI

You Searched For "RBI"

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Top 11 PNB officials summoned for violation of banking regulation

The RBI has further alleged that the accused willfully and deliberately made false statements in the compliance report.

27 March 2019 10:01 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI buys USD 5 billion through forex swap auction

The RBI said it received USD 16.31 billion in bids for the auction for which the cut-off was set at 776 paise.

27 March 2019 9:05 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI slaps Rs 2 cr penalty on PNB for violating SWIFT norms

PNB said the Reserve Bank in a letter dated March 25 has informed the bank about the penalty.

26 March 2019 4:30 PM IST

Economic Affairs Secretary Shaktikanta Das.

RBI governor meets Arun Jaitley ahead of monetary policy review

The six-member MPC to decide on the first bi-monthly policy statement for 2019-20 will be held from April 2 to 4.

25 March 2019 4:17 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI to issue guidelines on regulatory sandbox in next two months: Das

A regulatory sandbox is a framework that allows FinTech startups to conduct live experiments in a controlled...

25 March 2019 2:50 PM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Liquidity to get further boost of Rs 35,000 cr via rupee-dollar swap:...

The auction of USD 5 billion for a tenure of three years will be conducted on Tuesday.

25 March 2019 2:46 PM IST

Shaktikanta Das

RBI Governor to meet heads of payments banks later this week

RBI Governor to meet heads of payments banks later this week

25 March 2019 12:24 PM IST

Karnataka Bank on Tuesday reported 92 per cent slump in net profit at Rs 11 crore for the March quarter due to multi-fold jump in provisioning for bad assets.

Karnataka Bank reports Rs 13 crore fraud to RBI

The fraud was on account of diversion of funds', the lender said in a BSE filing.

23 March 2019 4:02 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

MPC to meet six times during 2019-20: RBI

MPC to decide on the first bi-monthly monetary policy statement for 2019-20 will be held from April 2 to 4.

23 March 2019 10:26 AM IST

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India's second biggest state-run bank on its knees.

22 March 2019 1:06 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

RBI says no to IDBI Bank name change proposal

Board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank.

20 March 2019 2:48 PM IST

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018.

RBI seeks modification of NCLAT order in IL&FS case

During the proceedings, RBI's counsel said that there was a overlap of power on the issue.

19 March 2019 5:50 PM IST